Central to Gann of
techniques was geometric angles in conjunction with time and price. Gann
believed that specific geometric patterns and angles had unique characteristics
that could be used to predict price action.

Gann believed that
the ideal balance between time and price exists when prices rise or fall at a
45-degree angle relative to the time axis. This is also called a angle Gann
Angles are drawn between a significant bottom and top (or vice versa) at
various angles. Deemed the most important by Gann, the trend line signifies a
bull market if prices are above the trend line or a bear market if below. Gann
felt that a trend line provides major support during an up-trend and when the
trend line is broken, it signifies a major reversal in the trend.

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